Municipal Employees Retirement System of Michigan continued to hold its stake in Johnson Controls International PLC (NYSE:JCI) during the second quarter, according to its most recent disclosure with the SEC. The fund owned 30,247 shares of the auto parts company’s stock at the end of the second quarter. Municipal Employees Retirement System of Michigan’s holdings in Johnson Controls International PLC were worth $1,312,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in JCI. Quadrant Capital Group LLC raised its stake in Johnson Controls International PLC by 1.0% in the first quarter. Quadrant Capital Group LLC now owns 6,918 shares of the auto parts company’s stock worth $285,000 after buying an additional 70 shares in the last quarter. Kempner Capital Management Inc. raised its stake in Johnson Controls International PLC by 9.0% in the first quarter. Kempner Capital Management Inc. now owns 25,222 shares of the auto parts company’s stock worth $1,062,000 after buying an additional 2,079 shares in the last quarter. SOL Capital Management CO raised its stake in Johnson Controls International PLC by 2.3% in the first quarter. SOL Capital Management CO now owns 11,547 shares of the auto parts company’s stock worth $486,000 after buying an additional 262 shares in the last quarter. Spirit of America Management Corp NY raised its stake in Johnson Controls International PLC by 47.6% in the first quarter. Spirit of America Management Corp NY now owns 10,853 shares of the auto parts company’s stock worth $457,000 after buying an additional 3,500 shares in the last quarter. Finally, Capstone Asset Management Co. raised its stake in Johnson Controls International PLC by 0.3% in the first quarter. Capstone Asset Management Co. now owns 79,892 shares of the auto parts company’s stock worth $3,365,000 after buying an additional 217 shares in the last quarter. Institutional investors and hedge funds own 85.23% of the company’s stock.

Shares of Johnson Controls International PLC (NYSE JCI) opened at 39.78 on Tuesday. The company’s market capitalization is $37.09 billion. Johnson Controls International PLC has a 12-month low of $38.54 and a 12-month high of $48.97. The company’s 50 day moving average is $42.58 and its 200 day moving average is $42.12.

Johnson Controls International PLC (NYSE:JCI) last posted its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.71. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. The company had revenue of $7.67 billion for the quarter, compared to the consensus estimate of $7.72 billion. During the same period last year, the company earned $1.07 earnings per share. The firm’s revenue was up 48.8% compared to the same quarter last year. Analysts expect that Johnson Controls International PLC will post $2.61 earnings per share for the current fiscal year.

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A number of equities research analysts have recently issued reports on JCI shares. Zacks Investment Research upgraded shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Tuesday, April 11th. Cowen and Company restated a “buy” rating and set a $52.00 price target on shares of Johnson Controls International PLC in a report on Thursday, April 27th. ValuEngine lowered shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. JMP Securities started coverage on shares of Johnson Controls International PLC in a report on Monday, June 19th. They set an “outperform” rating and a $54.00 price target on the stock. Finally, BidaskClub upgraded shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $50.43.

About Johnson Controls International PLC

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

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Institutional Ownership by Quarter for Johnson Controls International PLC (NYSE:JCI)

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